What is the average placement of IBS Mumbai for PGDM?
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2 Answers
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The average package offered during IBS Mumbai PGPM placements 2023 stood at INR 8.17 LPA. Further, an improving trend was witnessed in the average package offered over the past three years during IBS Mumbai PGPM placements, which is presented below:
The average salary trends witnessed during IBS Mumbai PGPM placements over the past three years are presented below:
Particulars
PGPM Placement Statistics (2021)
PGPM Placement Statistics (2022)
PGPM Placement Statistics (2023)
Average package
INR 6.83 LPA
INR 7.14 LPA
INR 8.17 LPA
Top 10% average package
INR 10.33 LPA
INR 12.18 LPA
INR 13.3 LPA
Top 25% average package
INR 8.88 LPA
INR 9.69 LPA
INR 11.01 LPA
Note: Placements 2022 data is taken from older report, which is no longer available in the official website. Further, placement 2021 data is taken from the older report as well that is updated till Feb 15, 2021.
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Average package previous year have gone 6.5 lakhs at IBS Mumbai. It is a decent institution. But, IBS PGPM programs is not AICTE and UGC approved.
Similar Questions for you
Yes, IBS Mumbai admission 2025 are open. The University accepts IBSAT exam or other national-level entrance exams, such as CAT, GMAT, or NMAT, to get admission to the MBA course. The process of selection is based on Micro Presentation and Personal Interview rounds. Final admission is confirmed post-fee payment. Aspiring candidates must qualify the eligibility criteria set by the institute for the desired course.
Admissions at IBS Mumbai are done through entrance examinations. Students need to first visit the college's official website and fill out an application form, and pay the application fee. They have to then sit for an either the IBSAT or other national level exams, such as CAT/ GMAT, XAT, NMAT, etc. Applicant are shortlisted for the final selection round on the basis of their performance in the entrance exam. The final round involves a micro-presentation and a PI. Students who clear all rounds should pay the course fee to secure their seat at this college.
ICFAI Business School (IBS) Mumbai is a highly regarded choice for MBA students. It is one of the leading private B-schools and a constituent of ICFAI University. IBS College is approved by the UGC. ICFAI Mumbai has also been rated as 'A+' by Business India and 'A4' by Business Standard. The institute is ranked 3rd in the category of top leading B-schools of super excellence by the CSR-GHRDC B-Schools Survey 2023. The the highest (domestic) and average package offered during IBS Mumbai placements 2025 stood at INR 20 LPA and INR 7.89 LPA, respectively.
ICFAI Business School (IBS) Mumbai offers a PG programme in the Management stream. To be eligible for the MBA programme, students must have a bachelor's degree from a recognised university. Students' selections are based on IBSAT/CAT/GMAT/NMAT by GMAC/XAT by appearing one of the exam and prepare for Micro Presentation and Personal Interview.
The sector-wise placement distribution recorded during IBS placements 2025 is presented below:
Sectors | 2025 Placement Distribution |
|---|---|
Banking | 15% |
Consulting | 7% |
Education | 3% |
E-Commerce | 3% |
Financial Services | 24% |
FMCG / Retail | 4% |
Global Capability Center | 8% |
Infra / Telecom / Real Estate | 7% |
Insurance | 7% |
ITES | 12% |
Manufacturing / Construction | 3% |
Media & Research | 1% |
Hospitality / Tourism | 2% |
Pharma / Healthcare | 1% |
Logistics | 2% |
Others | 3% |
Note: The sector-wise placement distribution data presented above is the overall data of all the IBS campuses.
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